Rent Growth

What is rent growth? 

Rent growth refers to the increase in the amount tenants pay for renting a property over time. 

How often can rent be increased? 

If you’ve been in either a fixed-term or periodic rental agreement for more than 2 years, your rent can be raised (unless stated otherwise in the tenancy agreement). This can be done once every 12 months, given there is at least 60 days written notice. 

Is there a legal limit to how much can be increased? 

While there is no specific percentage limit to how much rent can be increased by, any increase made must be considered reasonable. If you find a rent increase to be unjustified or unreasonable, you have the right to dispute it with your landlord or at a tribunal hearing.